• Total Revenue: $33.80 million

FY 26 Education and General Expenses

• Salaries and Benefits: 20.82 million
• Operating Expenses: $14.73 million
• Contingency/Transfer: $817,543
• Debt Service: 1.69 million
• Total expenses: $36.37 million
• Net Surplus: 4.96 million

FY 27 Education and General Budget

• Salaries and Benefits: 20 million
• Operating Expenses: $13.37 million
• Contingency/Transfer: $431,669
• Debt Service: 1.33 million
• Total expenses: $33.80 million
• Net Surplus: 0

Education and General Auxiliary Services Budget

• FY26 Revenue Projection: $12.6 million
• FY26 Expenses: $11.6 million
• FY26 Net Surplus: Approximately $931,655
• FY27 Revenue Projection: $10.59 million
• FY27 Expenses: $10.57 million
• FY 27 Net Surplus: $14,465

iii. Capital Projects and Asset Preservation Pool (Action Item).

• Dr. Bigard provided a summary of the documents dating back to FY22, which she will bring before the board each time there is a change in the cost of a project as well as seeking approval from CPE.

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